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Stringent norms ahead for the issuers of Pre-paid Payment Instruments (PPIs) in India, Kirti Sharma

Introduction India Inc is witnessing a major shift from cash driven economy to a cashless economy with a steep rise in the mobile transaction services through digital payment modes in the financial technology industry undoubtedly pushing huge pressure on cash. The payment industry is striving to become an integral part of the economy. With the […]

FAQs on section 269ST of the Income-tax Act, Kanishka Jain

Amid the brunt of the De-monetization, which was relatively fresh in the minds of the common people, Budget 2017 spelt out a loud message. The message was very clear; the government wanted the economy to be digitally equipped with no or very less cash transaction. While it seems impossible for the government to have an […]

Independence and Impartiality of Arbitrators: A Step Closer Towards Alternate Dispute Resolution, by Sneha Bhawnani & Swatilekha Chakraborty

In the recent times, a significant change has been noticed in the attitude and approach of the society, at large, in relation to resolution of disputes. It has been witnessed in some of the prominent Western countries, especially, the United States of America, that the Courts have adopted an approach which is clearly in favour […]

RBI liberalizes FDI conditions for LLPs by Vignesh Iyer

The Reserve Bank of India (RBI) vide its notification[1] dated March 03, 2017 (Present Notification) amended Schedule 9 of the Foreign Exchange Management (Transfer or issue of Security by a Person Resident outside India) Regulations, 2000 (Regulations, 2000).The present notification was published in the official gazette[2] on the even date.